**UNITED
      STATES SECURITIES AND**


**EXCHANGE
      COMMISSION**


WASHINGTON,
      D.C. 20549





**FORM
      10-QSB**





**[X]
      QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE**


**SECURITIES
      EXCHANGE ACT**


**OF
      1934**





For
      the
      quarterly period ended March 31, 2006




**[
      ] TRANSITION REPORT UNDER SECTION 13 OR 15
      (d) OF THE**


**EXCHANGE
      ACT**


For
        the transition period from __________to________





Commission
      File Number: 000-30556




**Finity
      Holdings, Inc.**





(Exact
      Name of Small Business Issuer as Specified in Its Charter)








Delaware
            
            11-3210792(State
                or Other Jurisdiction
            
            (I.R.S.
                Employer Identification No.)Of
                Incorporation or Organization)








432
      Park Avenue South, 13th Floor


New
      York, NY 10016




(Address
      of Principal Executive Offices)








(212)
      340-9100





(Issuer’s
      Telephone Number, Including Area Code)




Check
        whether the issuer (1) filed all reports required to be filed by Section
        13 or
        15 (d) of the Exchange Act during the past 12 months (or for such shorter
        period
        that the registrant was required to file such reports), and (2) has been
        subject
        to filing requirements for the past 90 days.
 Yes x  No o


Indicate
                by check mark whether the registrant is a shell company (as defined
                in
                Rule 12b-2 of the Exchange Act).
            YesxNoo





The
      number of shares of common stock of the issuer outstanding at April 25, 2006
      was
      55,761,512.





Transitional
                Small Business Disclosure Format (check one):
            YesoNox








**FINITY
      HOLDINGS, INC.**


**INDEX
      TO FORM 10-QSB**


**March
      31, 2006**





PART
                I FINANCIAL INFORMATION
            **Page****No.**Item
                1.
            Financial
                StatementsBalance
                Sheets as of March 31, 2006 (unaudited) and December 31,
                2005
            3Statements
                of Expenses (unaudited) for the Three Months Ended March 31, 2006
                and
                2005
            4Statements
                of Cash Flows (unaudited) for the Three Months Ended March 31, 2006
                and
                2005
            5Notes
                to Financial Statements (unaudited)
            6Item
                2.
            Management’s
                Discussion and Analysis of Financial Condition and Results of
                Operations****
            7Item
                3.
            Controls
                and Procedures
            9PART
                II OTHER INFORMATION
            10Item
                1.
            Legal
                Proceedings
            10Item
                2.
            Changes
                in Securities and Use of Proceeds
            10Item
                3.
            Defaults
                Upon Senior Securities
            10Item
                4.
            Submission
                of Matters to a Vote of Security Holders
            10Item
                5.
            Other
                Information
            10Item
                6.
            Exhibits
            10Signatures
            11





2








**PART
      I**







**ITEM
      1. FINANCIAL STATEMENTS.**








FINITY
      HOLDINGS, INC.


BALANCE
      SHEETS


March
      31,
      2006


(unaudited)





March
                  31, 2006
              
              December
                  31, 2005(unaudited)
              
              (audited)ASSETS
              
              $
              -
              
              $
              -LIABILITIES
                  AND STOCKHOLDERS’ DEFICITLiabilities:Accounts
                  payable
              
              $
              76
              
              $
              7676
              
              
              76Stockholders’
                  Deficit:Common
                  stock, $.001 par value, 100,000,000 sharesauthorized,
                  55,761,512 shares issued and outstanding
              
              
              55,761
              
              
              55,761Additional
                  paid-in capital
              
              
              8,793,484
              
              
              8,789,484Retained
                  deficit
              
              
              (8,849,321
              )
              
              (8,845,321
              )Total
                  stockholders’ deficit
              
              
              (76
              )
              
              (76
              )TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
              
              $
              -
              
              $
              -





3





FINITY
      HOLDINGS, INC.


STATEMENTS
      OF EXPENSES


Three
      Months Ended March 31, 2006, and 2005


(unaudited)





2006
              
              2005General
                  and administrative expenses
              
              $
              4,000
              
              $
              111Other
                  expenseInterest
                  expense
              
              
              -
              
              
              5,163NET
                  LOSS
              
              $
              (4,000
              )
              $
              (5,274
              )Basic
                  and diluted net loss per share
              
              $
              (.00
              )
              $
              (.00
              )Weighted
                  average shares outstanding
              
              
              55,761,512
              
              
              50,878,073





4





FINITY
      HOLDINGS, INC.


STATEMENTS
      OF CASH FLOWS


Three
      Months Ended March 31, 2006 and 2005


(unaudited)














2006
            
            2005Cash
                Flows from Operating ActivitiesNet
                loss
            
            $
            (4,000
            )
            $
            (5,274
            )Adjustments
                to reconcile net loss to net cashused
                in operating activities:Imputed
                interest - related party
            
            
            -
            
            
            5,163Net
                Cash used in Operating Activities
            
            
            (4,000
            )
            
            (111
            )Cash
                Flow from Financing ActivitiesProceeds
                from related party
            
            
            4,000
            
            
            51Net
                change in cash
            
            
            -
            
            
            (60
            )Cash
                at beginning of period
            
            
            -
            
            
            182Cash
                at end of period
            
            $
            -
            
            $
            122Supplemental
                disclosure:Income
                taxes paid
            
            $
            -
            
            $
            -Interest
                paid
            
            
            -
            
            
            -




5


FINITY
      HOLDINGS, INC.


NOTES
      TO
      FINANCIAL STATEMENTS


(unaudited)







NOTE
      1 -
      BASIS OF PRESENTATION





The
      accompanying unaudited interim financial statements of Finity Holdings, Inc.
      (“Finity” or the “Company”), have been prepared in accordance with accounting
      principles generally accepted in the United States of America and the rules
      of
      the Securities and Exchange Commission (“SEC”), and should be read in
      conjunction with the audited financial statements and notes thereto contained
      in
      Finity’s Annual Report filed with the SEC on Form 10-KSB. In the opinion of
      management, all adjustments, consisting of normal recurring adjustments,
      necessary for a fair presentation of financial position and the results of
      operations for the interim periods presented have been reflected herein. The
      results of operations for interim periods are not necessarily indicative of
      the
      results to be expected for the full year. Notes to the financial statements
      which would substantially duplicate the disclosure contained in Finity’s audited
      financial statements for 2005 as reported in the 10-KSB have been
      omitted.




NOTE
      2 -
      EQUITY





On
      January 30, 2006, Flagship Patient Advocates, Inc. (formerly Flagship Healthcare
      Management, Inc.) (“Flagship”) purchased 34,000,000 shares of common stock from
      Common Solutions, LLC, the majority shareholder of Finity, for $240,000. As
      a
      result, Flagship controls 60.9% of voting stock of Finity.




NOTE
      3 -
      SHARE EXCHANGE





On
      January 30, 2006, Finity entered into a Share Exchange Agreement (the "Exchange
      Agreement") with all of the stockholders (the "Stockholders") of Flagship.
      The
      closing of this agreement shall occur immediately following Finity’s filing of a
      Restated and Amended Certificate of Incorporation which shall effectuate a
      name
      change of Finity, a one hundred twenty-five (125) for one (1) reverse stock
      split, and an increase in the authorized shares to a total of 130,000,000 shares
      of capital stock (the “Closing”). After the closing of the Exchange Agreement,
      the minority Finity shareholders will own approximately 174,902 shares of Finity
      common stock, less than 1%, after the reverse stock split. Finity will acquire
      all of the issued and outstanding capital stock of Flagship from the
      Stockholders on a one for one basis in exchange for an aggregate of 55,587,755
      newly-issued shares of Finity’s common stock (the “Exchange”). Finity filed a
      proxy statement on April 20, 2006 seeking shareholder approval. The Exchange
      is
      intended to constitute a tax-free reorganization pursuant to the provisions
      of
      Section 368(a)(1)(B) of the Internal Revenue Code of 1986. Upon completion
      of
      the Exchange with Flagship, Finity will cease to be a shell company and the
      operations of Flagship will be the only operations of Finity. Since the
      stockholders of Flagship will receive the majority of the voting shares of
      Finity, Finity will carry on the business of Flagship, and the officers and
      directors of Flagship will become the officers and directors of Finity, the
      transaction will be accounted for as Flagship being the accounting acquirer
      (legal acquiree) and Finity being the accounting acquiree (legal acquirer).
      Since at the closing Finity was a non-operating shell corporation no longer
      meeting the definition of a business as defined in EITF Consensus 98-3,
      Determining Whether a Nonmonetary Transaction Involves Receipt of Productive
      Assets or of a Business, the transaction will be equivalent to Flagship issuing
      stock for the net liabilities of Finity accompanied by a recapitalization.
      The
      accounting will be identical to that resulting from a reverse acquisition,
      except that there will be no adjustments to the historic carrying values of
      the
      assets and liabilities.


6





**ITEM
      2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
      OF
      OPERATIONS.**





**Risk
      Factors**





**Penny
      stock rules could make it hard to resell your shares.**




Finity’s
      common stock does not meet the listing requirements for any trading market
      other
      than the OTC Bulletin Board or the Pink
      Sheets. We plan to apply for a listing on the OTC Bulletin Board.
  The OTC Bulletin Board may not accept the application of any market
      maker to initiate quotations in our common stock.  An investor may find it
      more difficult to dispose of shares or obtain accurate quotations as to the
      market value of our common stock. In addition, rules promulgated by the SEC
      impose various practice requirements on broker-dealers who sell securities
      that
      fail to meet certain criteria set forth in those rules to persons other than
      established customers and accredited investors. Consequently, the liquidity
      of
      Finity’s securities could be impaired, not only in the number of securities
      which could be bought and sold, but also through delays in the timing of
      transactions, reduction in security analysts' and the news media's coverage
      of
      Finity, and lower prices for Finity’s securities than might otherwise be
      attained.





**The
      Company may be unable to fund future growth.**





Flagship’s
        business strategy calls for expansion through an increase in sales of membership
        by its internal and external sales forces. To this end, the
        Compan y has
        decided to invest substantial funds to increase its sales and marketing
        resources in order to grow revenues. In order to implement this
        strategy,  the Compan y will
        require funding for additional personnel, capital expenditures and other
        expenses, as well as for working capital purposes. Financing may not be
        available to the
        Compan y on
        favorable terms, if at all.
        If adequate funds are not available on acceptable terms, then the
        Compan y may not
        be able to meet its business objectives for expansion. This, in turn, could
        harm the
        Compan y ’s
        business, results of operations and financial condition. In addition, if the
        Compan y raises
        additional funds through the issuance of equity or convertible debt securities,
        or a combination thereof, then the shareholders will suffer dilution, and
        any
        new securities may have
        rights, preferences and privileges senior to those of the common stock.
        Furthermore, if the
        Compan y raises
        capital or acquires businesses by incurring indebtedness, the
        Compan y will
        become subject to the risks associated with indebtedness, including interest
        rate fluctuations and any financial or other covenants that the
        Compan y ’s
        lender
        may require. Moreover, if the
        Compan y ’s
        strategy to increase its sales and marketing resources in order to grow revenues
        does not produce the desired result, then the
        Compan y may
        incur significant, unrecoverable expenses. In light of these factors, among others, our independent registered
        public accounting firm has stated that there is substantial doubt about our
        ability to continue as a going concern. The financial statements do not include
        any adjustments that might result for the outcome of this
        uncertainty


7





**The
      Company is exposed to the general condition of the healthcare
      market.**


The
        Compan y ’s
        business is subject to global economic conditions, and in particular, market
        conditions in the healthcare industry. The
        Compan y ’s
        operations may be
        adversely affected by
        the
        continued declines
        in employee benefit spending by large corporations and small to medium sized
        businesses. If global economic conditions worsen, or a prolonged slowdown
        in
        providing such benefits exists, then the
        Compan y may
        experience adverse operating results.




**Results
      of Operations**




We
      ceased
      operations on June 5, 2001 and have focused on paying the Company debts,
      managing Company business and resolving legal issues. Our recent operating
      history offers little or no guidance with respect to our financial performance
      in the future.




As
      of
      March 31, 2006, the Company has no significant operations. The Company does
      not
      expect to have significant operating expenses except for legal and accounting
      expenses.





Three
      Months Ended March 31, 2006 Compared with Three Months Ended March 31,
      2005





Revenues. **** We
      recorded no sales for the three months ended March 31, 2006 which resulted
      in no
      change from the same period in 2005.




General
      and Administrative Expenses. **** General
      and administrative expenses totaled $4,000 for the three months ended March
      31,
      2006, the total of which was for the 2005 year end audit. This compares with
      general and administrative expenses of $111 for the same period in 2005.




Interest
      Expense. Interest expense for the three months ended March 31, 2006 was $-0-
      as
      compared to $5,163 for the same period in 2005. The decrease for the current
      three months is a result of the forgiveness of the shareholder note during
      the
      third quarter of 2005.




Net
      loss.
      The Company had net loss for the three months ended March 31, 2006, of $4,000
      compared to a loss of $5,274 for the same period in 2005.




**Liquidity
      and Capital Resources**





Changes
      in cash flow. **** As
      of
      March 31, 2006 the Company had cash of $-0- which represents no change from
      the
      cash position as of December 31, 2005. ****




For
      the
      three months ended March 31, 2006, the Company had $4,000 from financing
      activities. This is the result of Flagship paying certain accounting expenses
      on
      behalf of Finity. These amounts were forgiven by Flagship and have been recorded
      as additional paid in capital in the accompanying financial statements. 
This compares to $51 for the same period in 2005.


8


Liquidity.
      The Company has resolved its lack of liquidity with its impending reverse merger
      with Flagship.




**ITEM
      3. CONTROLS AND PROCEDURES.**





Our
      disclosure controls and procedures are designed to ensure that material
      information relating to the Company are made known by others within the Company
      to our Chief Executive Officer (“CEO”), Chief Financial Officer (“CFO”) and
      others in the Company involved in the preparation of our annual report and
      our
      quarterly reports. The Company has evaluated, with the participation of the
      Company’s CEO and CFO, the effectiveness of the design and operation of the
      Company’s disclosure controls and procedures as of March 31, 2006, pursuant to
      Exchange Act Rule 15d-15. Based upon that evaluation, the CEO and CFO identified
      deficiencies that existed in the design or operation of our internal control
      over financial reporting that it considered to be "material weaknesses." The
      Public Company Accounting Oversight Board defined a material weakness as a
      "significant deficiency or combination of significant deficiencies that results
      in more than a remote likelihood that a material misstatement of the annual
      or
      interim financial statements will not be prevented or detected."




The
      material weakness identified relate to:





·
            the
                lack of sufficient knowledge and experience among the internal accounting
                personnel regarding the application of US GAAP and SEC
                requirements;





·
            insufficient
                written policies and procedures for accounting
                and





·
            financial
                reporting with respect to the current requirements and application
                of US
                GAAP and SEC disclosure requirements; and





·
            segregation
                of duties, in that we had only one person performing all
                accounting-related duties.





Notwithstanding
      the existence of this material weakness in our internal control over financial
      reporting, our management believes, including our Chief Executive Officer and
      Chief Financial Officer that the consolidated financial statements included
      in
      this report fairly present in all material respects our financial condition,
      results of operations and cash flows for the periods presented.


9





**PART
      II**


**OTHER
      INFORMATION**





**ITEM
      1. LEGAL PROCEEDINGS.**





Finity
      was a defendant in a lawsuit entitled Richard Plestina v. Douglas R. Baetz,
      Glenn M. Gallant, et al., Case No.'s 01 CV 1527 (BEN) and 01 CV 2024 J 9BEN),
      U.S. District Court, Southern District of California. The case alleged
      violations of the Securities Exchange Act of 1934, violations of the California
      Corporations Code, violation of the R.I.C.O. Act, fraud, and several other
      common law causes of action. The case was filed on November 5, 2001. The U.S.
      District Court issued its final approval of a class action settlement on
      September 30, 2002. Finity settled with its former directors by issuing
      1,200,000 shares of its common stock.




A
      former
      independent contractor has filed a lawsuit against Flagship. The plaintiff
      alleges that he was promised employment with Flagship and performed services
      to
      Flagship based on these promises.  The plaintiff is seeking compensatory
      and punitive damages, including the issuance of additional shares of stock
      for
      these services and attorney fees in an aggregate amount of approximately
      $1,800,000. Flagship believes this lawsuit is without merit and intends to
      defend it vigorously. In management’s opinion the final resolution of this
      matter will not have material impact on the financial position or results of
      operations of Flagship.




**ITEM
      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
      PROCEEDS.**





None.




**ITEM
      3. DEFAULTS UPON SENIOR SECURITIES.**





None.




**ITEM
      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.**





None.




**ITEM
      5. OTHER INFORMATION.**





None.




**ITEM
      6. EXHIBITS.**





Exhibit
                31.1
            CEO
                Certification Pursuant to Rule 13a -14(a)/13d - 14(a) of the Securities
                Exchange ActExhibit
                31.2
            CFO
                Certification Pursuant to Rule 13a -14(a)/13d - 14(a) of the Securities
                Exchange ActExhibit
                32.1
            Certification
                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section
                906 of
                the Sarbanes-Oxley Act of 2002Exhibit
                32.2
            Certification
                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section
                906 of
                the Sarbanes-Oxley Act of 2002


10





**SIGNATURES**





In
      accordance with the requirements of the Exchange Act, the registrant caused
      this
      report to be signed on its behalf by the undersigned, thereunto duly authorized.








**FINITY
                HOLDINGS, INC.**By:/s/ Fred F. NazemChief
                Executive OfficerBy:/s/
                Philip E. BarakChief
                Financial Officer







Date:
      May
      12, 2006


11